200 Old Phelps Lane, Morehead, KY 40351
Local realty services provided by:ERA Select Real Estate
200 Old Phelps Lane,Morehead, KY 40351
$889,000
- 6.5 Acres
- Lots / Land
- Active
Listed by: tamara hurst
Office: simplihom
MLS#:25501216
Source:KY_LBAR
Price summary
- Price:$889,000
About this home
This 6.5-acre commercial property off I-64 at exit 133 is competitively priced, partially cleared, and ready for excavation. With over 400 feet of road frontage, it ensures excellent visibility. Situated in one of Kentucky's fastest-growing areas, the site links the interstate to Cave Run Lake and Daniel Boone National Forest. Nearby amenities include AppHarvest Greenhouse, Rowan County Airport, National Guard Readiness Center, and Maysville Community College. Recent investments, such as Eastern Light Distilling's 140 million project, showcase the area's growth, alongside upcoming developments like Liberty Mart and Hog's Trough Barbecue Restaurant. 6.5-acre commercial property, conveniently located just off I-64 at exit 133. Priced competitively, this parcel is partially cleared and ready for excavation, making it an ideal investment for savvy developers and business owners. Strategic Location: Directly accessible from I64, ensuring high traffic exposure and easy access for customers and clients. Flexible Zoning: The property benefits from flexible zoning, allowing for a wide range of commercial uses, from retail and office space to service-oriented businesses. 400 Feet of Road Frontage: Significant road frontage enhances visibility, making it an attractive option for businesses seeking to maximize exposure to passing traffic. Potential for Subdivision: The owners may be willing to subdivide the property, providing flexibility for smaller developments or partnerships. Partially Cleared: The site is already partially cleared, reducing preparation time and costs for potential buyers. With flexible zoning, this property is primed for a variety of commercial endeavors—whether you envision a healthcare facility, an office complex, multifamily housing, or another innovative project, the possibilities are endless. *Some Photos are AI renders to inspire vision....
Contact an agent
Home facts
- Subdivision & Development:Rural
- Listing ID #:25501216
- Added:333 day(s) ago
- Updated:August 12, 2026 at 03:05 PM
Structure and exterior
- Lot area:6.5 Acres
- Lot Features:Wooded
Finances and disclosures
- Price:$889,000
New listings near 200 Old Phelps Lane
- New
$479,000Active4 beds 4 baths4,096 sq. ft.1150 Rice Road, Morehead, KY 40351
MLS# 26021424Listed by: LIFSTYL REAL ESTATE
$389,000Pending3 beds 2 baths1,878 sq. ft.71 Jersey Way, Morehead, KY 40351
MLS# 26020428Listed by: HOMELAND REAL ESTATE INC- New
$340,000Active4 beds 3 baths3,592 sq. ft.1090 Rockfork Road, Morehead, KY 40351
MLS# 26020952Listed by: HOMELAND REAL ESTATE INC - New
$143,000Active2 beds 1 baths1,128 sq. ft.1985 Sharkey Road, Morehead, KY 40351
MLS# 26020812Listed by: HOMELAND REAL ESTATE INC
$289,900Active3 beds 2 baths2,224 sq. ft.500 Hazel Tree Lane, Morehead, KY 40351
MLS# 26020293Listed by: CENTURY 21 ADVANTAGE REALTY
$310,000Pending3 beds 2 baths1,575 sq. ft.300 Keeneland Drive, Morehead, KY 40351
MLS# 26020273Listed by: THE REAL ESTATE CO.
$79,900Pending10 Acres0000 Open Fork Rd Road, Morehead, KY 40351
MLS# 26019728Listed by: UNITED REAL ESTATE BLUEGRASS
$259,000Active3.4 Acres1040 Kentucky 801, Morehead, KY 40351
MLS# 26019865Listed by: MURPHY REALTY GROUP
$650,000Active4 beds 3 baths2,700 sq. ft.550 Bowman Ridge Road, Morehead, KY 40351
MLS# 26019857Listed by: LIFSTYL REAL ESTATE
$328,000Pending3 beds 2 baths1,398 sq. ft.16 Cave Run Court, Morehead, KY 40351
MLS# 26019835Listed by: UNITED REAL ESTATE BLUEGRASS